Tonight, live from the Kodak Theatre in Hollywood, the stars will come out to celebrate their cinematic achievements over the last year.
It's a long ceremony, and the fun starts here at 11:30pm - you can watch the Red Carpet action on Sky1 (and Sky1HD). At 1am - switch to Sky Movies Premiere for the full ceremony, inside the theatre.
This year, the hosts are Alec Baldwin and Steve Martin.
There are some great films included in the list of nominees, and without wishing to bore you, here are the nominations for Best Picture, Best Actor and Best Actress amd Best Animated Film
- The Blind Side
- District 9
- An Education
- The Hurt Locker
- Inglourious Basterds
- Precious: Based on the Novel 'Push' by Sapphire
- A Serious Man
- Up in the Air
Best Actor in a Leading Role
- Jeff Bridges - Crazy Heart
- George Clooney - Up in the Air
- Colin Firth - A Single Man
- Morgan Freeman - Invictus
- Jeremy Renner - The Hurt Locker
Best Actress in a Leading Role
- Sandra Bullock - The Blind Side
- Helen Mirren - The Last Station
- Carey Mulligan - An Education
- Gabourey Sidibe - Precious: Based on the Novel 'Push' by Sapphire
- Meryl Streep - Julie & Julia
Best Animated Film
- Fantastic Mr. Fox
- The Princess and the Frog
- The Secret of Kells
You can see video clips of all nominations here.
I always try to stay up for the full event; but tiredness usually creeps in at some point, and I'll end up watching the highlights tomorrow.
If the opening number (last year done by Hugh Jackman) is anything to go by; we're in for a treat.
So get the popcorn and your carton of Kiora (remember this?..)
Have a great night in with Oscar.